I can also warn you that at this price point, you will be addressing wear and tear issues more frequently and most likely addressing capex more frequently as well. 

Which meet ups do you frequent? 

**Courtesy of inman.com**Knowing real estate agents will pay good money for new customers, fraudsters frequently send out fake leads to make a quick buck.The latest scam, which Keller Williams Realtor Scott McAllister discovered circulating in his professional circles, places the Zillow Group logo atop a lead with info about a buyer’s location, employment and the type of home they want.

His complaint is his landlord who lives upstairs has frequent dinner parties at his place, has plenty of guests, and why should he subsidize his landlords cooking particularly when he and his wife eats takeout food as they have no time to cook.

Afternoon, I work for a Commercial/Residential brokerage firm in Phoenix, specializing in court ordered sales and judicial appointments; we frequently find ourselves with investor worthy product. 

I see this frequently where sellers want to have their cake and eat it too.7.2 cap rate if a C or D asset and C to D area is bad.

We have been getting multiple offers on our "launch weekends" and frequently getting above asking price from the bidding wars.

By curating this data, we can have peace of mind that a property is performing without having to do frequent walkthroughs.

:P The second big paragraph above is mostly gleaned from just lurking in online discussion forums frequented by appraisers.

Great points, @Dean Letfus - no matter how frequently the experienced investors discuss it, newer investors will always buy class D properties(which should hearten some older investors who wanna dump that junk!)